2016-05-31

NEW DELHI (INDIA): Delhi-NCR (National Capital Region) has emerged as the leader in creating the maximum number of jobs during the fourth quarter of the last fiscal, generating over 2.6 laks new jobs while a total of 8.5 lakh jobs were created in eight major cities, an ASSOCHAM study has found.

Cornering over one-fourth share of the total number of new jobs generated across India, Delhi-NCR emerged on top with over 2.6 lakh new jobs created during January to March 2016 followed by Bangalore (1.9 lakh), Mumbai (1.5 Lakh), Chennai (82.2 thousand) and Hyderabad ( 60 thousand). About 88.9 percent of job openings have been recorded in these top five cities, ASSOCHAM placement study.

Among top metro cities, Delhi-NCR had maximum share of over 30.1 per cent in job creation while Bangalore witnessed a 23.4 per cent contribution in job creation followed by Mumbai with 18.6 per cent,” said Mr. D S Rawat, Secretary General ASSOCHAM while releasing the study.

Other major cities that have recorded significant job openings during January to March 2016 are Pune (49.2 thousand), Kolkata (25.2 thousand) and Ahmedabad (20.5 thousand), highlighted the study.

Information technology (IT), IT-enabled services (ITeS) and IT hardware sector together accounted for a majority share of about 60.6 per cent in the total number of new jobs generated across sectors during January – March 2016, while services has ranked second with 17.6 percent share followed by manufacturing (9.4 percent), banking, financial services & insurance (7.6 percent) and construction & real estate (3.2 percent) in total employment generation in July, says the chamber study.

A total of over 8,50,000 lakhs new jobs were generated across India during the last quarter of 2016, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said in a release.

However, banking, construction, financial services, fast moving consumer goods (FMCG), human resources (HR), manufacturing, advertising, event management, real estate, retail and telecom are the other sectors which created job creation during 2016.

In Delhi-NCR, out of the total job openings about 61.1 percent of job openings are recorded from ITEs followed by services (18.5), manufacturing (8.4 percent), banking financial services & insurance (7.2 percent) and construction & real estate (3.1 percent) of all the new jobs generated.

Sector wise Job Openings

Banking Financial Services and Insurance

Manufacturing

ITEs

Construction and Real Estate

Services

Others

Total

Mumbai

16049

15380

87227

6228

30882

2788

158554

Bangalore

12668

17150

125990

5208

35201

2928

199145

Delhi & NCR

18585

21568

157072

8016

47432

4253

256926

Chennai

6067

9738

50619

2417

12150

1266

82257

Hyderabad

3729

5849

38468

1489

9995

925

60455

Kolkata

2160

3106

13485

1310

4741

449

25251

Ahmadabad

1712

2911

11212

776

3554

376

20541

Pune

3587

4547

32174

1956

6390

553

49207

Total

64557

80249

516247

27400

150345

13538

852336

City wise share in Job Openings

Banking Financial Services and Insurance

Manufacturing

ITEs

Construction and Real Estate

Services

Others

Total

Mumbai

24.9

19.2

16.9

22.7

20.5

20.6

18.6

Banglore

19.6

21.4

24.4

19.0

23.4

21.6

23.4

Delhi

28.8

26.9

30.4

29.3

31.5

31.4

30.1

Chennai

9.4

12.1

9.8

8.8

8.1

9.4

9.7

Hyderabad

5.8

7.3

7.5

5.4

6.6

6.8

7.1

Kolkata

3.3

3.9

2.6

4.8

3.2

3.3

3.0

Ahmadabad

2.7

3.6

2.2

2.8

2.4

2.8

2.4

Pune

5.6

5.7

6.2

7.1

4.3

4.1

5.8

Total

100.0

100.0

100.0

100.0

100.0

100.0

100.0

The post Delhi-NCR tops job creation among 8 cities in Q4 of FY 16: Study appeared first on Political Mirror.

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